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25018590 No.25018590 [Reply] [Original]

Does tether really have 15 billion usd just laying around?
I find that a bit hard to believe desu

>> No.25018633

>>25018590
tether rugpull will collapse everything. be warned

>> No.25018823

>>25018590
No they don't, this was even admitted in court. At the time it was disclosed it was something like 70% backed by USD and crypto assets. Since those assets would be decimated if Tether collapsed it's basically backed by belief only

>> No.25018900

>>25018590
wait till you find out how little your bank has on hand
look up "fractional reserve banking"

>> No.25019026

>>25018900
That's fine though because the US govt actually offers insurance on your bank accounts. Tether is literally a random chink company that could explode one day leaving everyone fucked with no recourse

>> No.25019048
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25019048

>>25018590
>2021
>tether fud

>> No.25019082
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25019082

>>25018590
We are working on it lol. Whales will save us lol. Hopefully lol.

>> No.25019130

>>25018900
Yes, the difference is that all banks share liquidity, so it’s very hard to make a bank no matter how small to collapse, it has happened though.

>> No.25019134

>>25019026
And I'm fine with that because I don't want regulation or bitchy Jews like you knowing what I'm up to. Fuck your FDIC and fuck your safety nets and regulation.

>> No.25019146

>>25018633
high iq post and well deserved dubs

>> No.25019419

Tether would've collapsed years ago if crypto markets had any sanity.

There is most certainly a great number of spooks and state actors involved in all this bullshit and how it can keep being propped up. A run off the mill scam ran by independent criminals would've collapsed already. At this point I would not be surprised to wake up one day and see all crypto gone because Xi Jinping decided overnight that the scam went on long enough.

>> No.25019462
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25019462

>>25019134
Personally I find my jewish banking safety nets to be rather comfy

>> No.25019464

USDC will be ok though guys? Right?